50 Scollard Condos
50 Scollard Condos is a new condo in Toronto developed by Lanterra Developments coming to 50 Scollard Street in Toronto’s upscale neighbourhood, Yorkville.
About 50 Scollard Condos
50 Scollard Condos is an icon in the making. Perfectly poised to rise 41 storeys at the corner of Bay and Scollard in Yorkville, the 77 exclusive residences at 50 Scollard will capture the imagination and fulfill the unique demands of Toronto’s most discerning clientele. 50 Scollard combines the creative vision of Foster and Partners with the breathtaking interiors designed by Studio Munge to create an unparalled living experience in an unparalled location.
50 Scollard will raise the bar for opulent living. Bask in the opulence of 5-star amenities and services within the exclusivity of a fully residential, boutique building. Provided by the Forest Hill Group, the carefully curated team of service and management professionals will offer the highest caliber of personnel to attend to the most unique requests or day to day needs of residents.
This standard of excellence has been thoughtfully customized to suit the 50 Scollard resident and will redefine luxury living.
50 Scollard Condos Information
| Developer | Lanterra Developments |
| Address | 50 Scollard Street, Toronto, ON |
| Neighbourhood | Yorkville |
| Number of Storeys | 41 |
| Number of Units | 64 |
| Occupancy Date | Fall/Winter 2022 |
| Maintenance Fees | $1.31 per sq ft |
| Priced From | $3,925,900 |
50 Scollard Condos Location
50 Scollard Condos will become on of the most beautiful buildings in Toronto, standing a the corner of Bay and Scollard (north of Bay and Bloor) in the upscale and elegant Yorkville neighbourhood. Holt Renfrew, Harry Rosen, and all the luxury designer stores you can imagine only steps away. Go out to eat at some of the best restaurants in Toronto, all located within walking distance from your front door.
50 Scollard Street
Walker’s Paradise
50 Scollard Condos Amenities
50 Scollard Condos allows you to step into refined elegance and let your curated house staff take over. From dedicated valet service to concierge and porter staff, 50 Scollard offers the finest hotel-style services within the privacy of an exclusive condominium residence.
Building Amenities include:
– Chauffeured house car service for resident use***
– Car wash facility located in parking garage***
– Pet spa***
– Executive boardroom space on 2nd floor along with house management office
– Fitness centre overlooking Bay Street featuring cardio and weight equipment, and a dedicated yoga and stretching area
– Lavish indoor/outdoor pool
– His and hers change rooms and washrooms
– Luxurious lounge with fireplace adjacent to dry sauna, steam room, and treatment room
– Private dining area
– Working kitchen adjacent to private dining area
– Exclusively stocked wine club***
*** Services may be offered a-la carte once corporation is registered
50 Scollard Condos Features and Finishes
That unforgettable moment when you come home to 50 Scollard for the first time. The elegant entry that draws you in to spacious living and dining rooms that sit high above the city lights. Watch the beauty of Yorkville unfold from every room. Glorious Dada kitchens, romantic master bedrooms and contemporary ensuites offer a residence that is simply unparalleled.
INTEGRITY. WRITTEN INTO EVERY DETAIL
With contemporary architecture from the Pritzker Prize-winning British architect, Norman Foster, extraordinary interiors by Toronto-based Italian designer, Alessandro Munge, and an incomparable position in the heart of Yorkville, Toronto’s most internationally-recognized neighbourhood, 50 Scollard is truly a global tour de force.
The sleek three-tiered façade of luminous glass and gleaming steel is the latest signature residence from award-winning Lanterra Developments. There are only 77 residences in the 41-storey tower, each one offering contemporary design, exquisite finishes and expansive sightlines that capture the beauty of Yorkville.
SUITE FEATURES
– 10’2” ceiling height from floor slab to upper slab (coffered ceilings as per plan**)
– Smooth ceilings throughout
– Heating and cooling system with integrated humidifier
– Sliding glass window system allowing for full slide-opening with glass protective rail**
– Operable outward opening windows**
– Designer selected wide plank engineered hardwood flooring
– Contemporary linear gas fireplace
– Solid core, smooth panel interior doors throughout with designer selected hardware
– Recessed baseboards with shadow reveal
– Trim with shadow reveal
KITCHEN
– Custom crafted kitchen with your choice of cabinetry colour, hardware, and 3⁄4” quartzite or granite countertop*
– Designer selected plumbing fixtures
– Designer selected appliances including freezer, fridge, gas cooktop, dishwasher, convection oven, steam oven, warming drawer and Wine fridge(s)**
MASTER BEDROOM ENSUITE
– In-floor radiant heating in master bath
– Selection of luxurious marble or porcelain tile flooring*
– Selection of luxurious marble or porcelain tile for shower and water closet floors and walls*
– Custom designed vanity
– Luxurious marble slab countertop*
– Lavish freestanding tub
– Frameless glass shower with waterproof recessed potlight
– Frameless glass water closet
– Designer selected vanity mirrors
– Designer selected plumbing fixtures
– Custom closet with organizers
SECONDARY BATHROOMS
– Selection of luxurious marble or porcelain tile flooring*
– Selection of luxurious marble or porcelain tile for shower floor and walls and/or tub surround* **
– Designer selected vanity
– Luxurious marble slab countertop*
– 6’ tub with tile surround* **
– Frameless glass shower**
– Designer selected vanity mirror
Designer selected plumbing fixtures
POWDER ROOMS
– Custom designed pedestal sink
– Selection of marble or porcelain tile flooring*
– Designer selected plumbing fixtures
LAUNDRY
– Washer and dryer**
– Upper and lower cabinetry*
– Selection of 3⁄4” quartz countertop*
– Selection of porcelain tile flooring*
ELECTRICAL AND ROUGH-INS
– Potlights with locations provided by vendor
– Rough-in for future installation of motorized window coverings
– Pre-wired for future installation of in-suite sound system
– State-of-the-art security system
– Terrace units to be provided with one exterior gas line, one hose bib and exterior lighting as provided by vendor**
– Terrace finished in designer selected paving stones**
– TV, telephone, and USB outlets**
– One parking space per unit equipped with an individually metered hydro connection for electric vehicle charging
* Colours and/or materials to be selected from Vendor’s standard samples
** As per plan
*** Services may be offered a-la carte once corporation is registered
Watch the Official 50 Scollard Condos Video
50 Scollard Condos in the Media
What 50 Scollard brings to Yorkville
Foster and RAW’s 50 Scollard tower launches in Toronto
Condo builders push to meet a luxury shortage
About the Developer
Multi-award-winning Lanterra Developments has established a reputation as a company that creates landmark residential communities admired for their exceptional architecture, brilliant interior design and an array of amenities that make urban living truly exciting and vital.
Led by Chairman Mark Mandelbaum and President and CEO Barry Fenton, Lanterra Developments is firmly committed to delivering state-of-the-art urban environments. The firm has been honoured locally by the Greater Toronto Home Builder Association (now BILD) as Project of the Year for Toy Factory Lofts, Project of the Year for The Residences of Maple Leaf Square, Best Model Suite for Neptune at WaterParkCity, and earned international recognition at the prestigious Nationals for Murano, Toy Factory Lofts, The Residences of Maple Leaf Square, and ICE Condominiums at York Centre and Rodeo Drive Condominiums.
50 Scollard Condos Frequently Asked Questions
How do I reserve a unit in this project?
After you review the floor plans and prices, if you know what suites you are interested in, you may reserve a suite online using our online reservation worksheet form at https://truecondos.com/worksheet.
Does filling out the worksheet form mean I’m committing to buy a suite?
No it is not a formal commitment, it is an expression of interest and the first step you must take if you are thinking about getting a unit in this project.
What does it mean that Andrew la Fleur is a “Platinum Agent”?
Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.
Andrew la Fleur has been a top-selling pre-construction agent since 2007, and during this time he has achieved platinum status with many of the top builders and sales companies in the Greater Toronto Area.
For more information on about Platinum agents see this article: https://truecondos.com/5-things-to-know-about-buying-a-condo-with-a-platinum-vip-realtor-real-estate-agent/
How does it benefit me as a buyer to work with Andrew la Fleur as my Platinum Agent?
Working with me as your Platinum agent gives you several benefits
- You get the highest level of access in the building
- You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
- The best possible incentives
- I do not represent the builder. I represent you. You benefit from my expertise of being a top selling pre-construction agent and investor myself since 2007.
- Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
- My services to you as a buyer are free
Do I get a cooling off period? What is it for?
Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling off period. It’s 10 calendar days, not business days from the time you sign.
The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter
Do I need to have a lawyer?
You don’t need to have a lawyer at the moment that you sign the agreement, however I always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling off period.
Not sure who to talk to? Don’t worry – getting a lawyer is something I can help you with. Contact me for more details.
Do I need to have a mortgage pre-approval to buy?
95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of signing.
Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that I can help you with. Contact me for more details.
Do the prices include HST?
If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.
If you are purchasing as an investment rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.
This money is remitted to the CRA and as an investor renting out your property you can apply to the CRA immediately to get this money back. It usually takes about 1 month to get your rebate back.
For more information on the HST, see here:
https://truecondos.com/tag/hst-rebates/
Contact me for more details.
What are my closing costs on a pre-construction condo?
Closing costs on a pre-construction condo will vary greatly depending on the actual purchase price of the unit you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit that you are buying.
Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.
Check out this article for more info on closing costs:
Contact me for more details
Are there any ‘hidden’ costs when buying a pre-construction condo?
No, there are no hidden fees when buying pre-construction condos because all fees must be disclosed in the agreement of purchase and sale. All purchasers have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.
Is it possible to assign my condo? How much is the assignment fee?
Most condo builders do allow you to sell your unit before the building is complete. This projcess is called selling by “assignment”.
There is usually an assignment fee and a legal fee associated with selling. Costs can range from $1000-7000. Contact me for more details.
